Senior Credit Analyst-VP at Absa Group Limited (Absa)

Job Summary

• Manage a portfolio of clients within the Resources & Project Finance Credit Risk team.
• To conduct quality credit risk assessments and reviews that present commercially minded solutions through analysis of financial, industry and economic information in support of the decision-making process. 
• Facilitate the credit sanctioning process to ensure responsible risk decisions. This will include the preparation of credit applications and the presentation of recommendations to the relevant risk committees. 
• Accountability for the full credit lifecycle of the portfolio including granting of facilities, implementation, systems, post-implementation monitoring.
• Ongoing management of the portfolio through portfolio reviews and management information.
• Independently building and managing relationships with key relevant business partners to ensure delivery under the organization’s strategy.
• Ensure an efficient and timely risk delivery to clients.

Job Description

Accountability: Credit Risk Management:

• To take ownership and control of credit risk related work on a defined portfolio of Resource & Project Finance clients against which Absa Group Ltd has credit facilities.
• The candidate is to carry out comprehensive and quality credit risk functions. Functions cut across the credit lifecycle (i.e. granting, implementing, managing and restructuring).
• Representing Credit to Senior Management in various committees, presenting analysis of the aggregate portfolio risk and composition.
• Presentation of portfolio risk analysis to the relevant risk committees.
• Developing and delivering relevant Monthly Risk MI for Senior Management, including analysis and commentary, ensuring risk issues on the defined portfolio are well understood and presented transparently.
• Manage exposures including the accurate maintenance of the data on relevant risk systems.
• Create presentations and technical documents designed to articulate key risks to various forums and credit committees.
• Monitor adherence of covenants and conditions on a continuous basis and identify any deviations and possible concerns.
• Create and maintain an accurate due diligence record of the client portfolio, detailing what facilities they have and the associated terms and conditions.
• Manage and communicate the risks associated with outstanding securities.
• Understand and manage the required inputs into the banks models ensuring validity and accuracy.
• Monitor the client business performance and identify relevant risks to ensure early identification of change in the client’s business or operating environment and watchlist accordingly.
• Proactively utilise the systems and tools available for Credit Risk and partake in the ongoing development and feedback of these systems to deliver and enhanced automated credit function.
• Manage all administrative and operational aspects of the relevant portfolio of clients ensuring completeness, accuracy and validity of data.
• Build and manage relationships with key relevant business partners.
• Maintain and manage the relevant portfolio within the defined appetite levels.

Accountability: Governance

• Ensure that the Bank’s credit policies and philosophy are complied with.
•  Ensure understanding and adherence to relevant Legal requirements relevant to the Credit Lifecycle and specific industry.
• Complete the necessary training requirements and Compliance processes in a timely manner.

Accountability: Other

• Support in creating a high-performance culture of individuals who are engaged.
• Contribute fully, including suggestions for ways of improving risk delivery and management through ongoing projects.
• Portraying the right values and behaviors in the achievement of the Risk Strategy.
• Contribute to ongoing projects to improve risk delivery.
• Develop relationships with colleagues and create a sense of engagement.
• Communicate concerns or challenges faced in a constructive and positive manner.
• Develop and maintain contacts with Specialists in other areas of the Group.
• Embrace and adapt to the diversity and change within the current Banking environment.
• Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to the Credit Risk Strategy.

Education and Experience Required

• B-degree in Business or Commerce (or similar)
• Relevant postgraduate qualification such as CA(SA) / CFA preferable with 5 years experience within a credit risk environment or relevant sector experience (Mining, Oil & Gas, Project Finance).

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

End Date: August 29, 2025